Ryan Reynolds and Rob McElhenney have splashed the cash on 47 players since taking over Wrexham to fuel their incredible promotion run.
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Hollywood duo have spent significantly on incomingsHave climbed from National League to League OneMo Faal remains the record signing for £590,000Follow GOAL on WhatsApp! 🟢📱WHAT HAPPENED?
Wrexham have undergone a stunning transformation since Reynolds and McElhenney purchased the club in February 2021. The Hollywood duo's financial backing has been instrumental in propelling the North Wales outfit from the National League to League One, with lofty ambitions of eventually competing in the Premier League.
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According to Wrexham's spending spree has seen the arrival of 47 players, with the duo spending nearly £6.2 million ($7.8m) on transfer fees. This represents an average outlay of £132,000 ($167,000) per player, spread across seven players per transfer window since the summer of 2021. While many of Wrexham's standout acquisitions, such as Paul Mullin, Elliot Lee, and Arthur Okonkwo, have been free transfers, the club's financial muscle has been flexed in recent big-money moves.
The first significant splash came in January 2022, when striker Ollie Palmer joined Wrexham from AFC Wimbledon for a reported fee of £300,000. This record was short-lived, however, as the club pushed its spending limits further in subsequent windows. This summer, Wrexham shelled out an estimated £500,000 to sign midfielder Ollie Rathbone from Rotherham United, only for that record to be surpassed again by the £590,000 acquisition of Mo Faal from West Brom.
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Parkinson, who took charge of the team during the Reynolds-McElhenney era, has overseen a remarkable ascent, guiding Wrexham to back-to-back promotions. The club is now eyeing an unprecedented third successive promotion to the Championship. ambitions received an additional boost with new investment from the Allyn family of New York. The £11.3 million share issue announced recently adds to the club's financial arsenal, ensuring that the Red Dragons are well-equipped to pursue further success.
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Wrexham face a critical test next Tuesday with a home game against sixth-placed Barnsley. A positive result will help them keep the pressure on leaders Wycombe as they currently find themselves trailing by four points, having played a match more.